Market Insights
Thick film materials market is likely to witness an impressive CAGR of 5.2% during the forecast period. Thick film materials are extensively used to manufacture photovoltaic cells, circuit boards, automotive parts, sensors, LTCC (Low-temperature co-fired ceramic), and other electronic components.
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Thick Film Materials Market - Snapshot
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Growth
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5.2% for the next five years
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Major Product Type
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Others
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Dominant Application Type
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Photovoltaic
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Region with the highest demand
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Asia-Pacific
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Key Players
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Heraeus Holding, DuPoint. Sun Chemical Corporation, Sumitomo Metal Mining Company, and Koartan.
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Segments' Analysis
Thick Film Materials Market Share: By Product Type
Based on the product type, the market has been segmented as conductor paste, resistor paste, dielectric paste, and others. The others segment dominated the market, which comprised polymer thick films, solar paste, and precious metal powder. It is estimated that conductor paste will have the second-largest market in the coming five years.
Thick Film Materials Market Share: By Application Type
Based on the application type, the market is segmented as circuit board, electronic components, LTCC, sensors, photovoltaic, automotive, and others. The photovoltaic segment is anticipated to lead the market during the forecast period.
Thick Film Materials Market Share: By Region
In terms of regions, Asia-Pacific is expected to remain the largest market for thick film materials in the coming five years. China will be the growth engine of the region. The market is driven by the increasing demand for electronic components, automotive, medical, and defense. North America and Europe are also estimated to offer substantial growth opportunities during the forecast period.
Market Scope & Segmentation
Thick Film Materials are low-dimensional materials that are often used in circuit boards, sensors, automotive parts, electronic components, and others. These are formed by assembling grains or clusters of molecular or atomic species. Thinning of a three-dimensional materials is also helpful in creating the thick film material.
Thick Film Materials are known for a number of properties such as durable in nature, easy to apply, great adhesion, stability, and conductivity, solvent resistant, and others. Some of the product types that are used are conductor paste, dielectric paste, resistor paste, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Thick Film Materials Market Research Report - Features
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Market Segmentation
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3 ways
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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6
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The thick film materials market is segmented into the following categories.
Thick Film Materials Market Size, Share, & Forecast, by Product Type:
- Conductor Paste (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Resistor Paste (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Dielectric Paste (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Thick Film Materials Market Size, Share, & Forecast, by Application Type:
- Circuit Board (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Electronic Components (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- LTCC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Photovoltaic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Thick Film Materials Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the product types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
